Airframers – Page 71
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NewsATR hoping for better 2021 as it eyes ‘gradual recovery’
Regional turboprop manufacturer ATR sees potential for annual production rates rising to up to 40-50 aircraft in the coming years as the market recovers, but cautions that any improvement will be slow.
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NewsFalko backs Electric Aviation Group with undisclosed investment
UK start-up Electric Aviation Group (EAG) has secured funding from lessor Falko Regional Aircraft it bids to bring a new environmentally friendly passenger aircraft to market.
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NewsAirbus pits TwoTwenty against business jets like Global 7500 and G700
Five months after launching its ACJ TwoTwenty executive jet, Airbus Corporate Jets (ACJ) is talking up the performance of its modified A220-100, pitching the type as competitive in two segments of the business aircraft market.
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NewsVietnam mulls airspace permission for 737 Max
The Civil Aviation Authority of Vietnam (CAAV) is proposing to allow the Boeing 737 Max transit through the country’s airspace, paving the way for a possible lifting of the aircraft’s grounding.
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NewsEd Clark to succeed Odisho as head of Boeing 737 programme
Boeing has named Ed Clark, a top executive in Boeing’s aircraft services division, to succeed Walt Odisho as vice-president and general manager of the 737 programme.
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News777 Partners orders 24 737 Max 8s
Miami private equity company 777 Partners has ordered 24 Boeing 737 Max 8s and taken options to buy a further 60 of the type, adding fresh momentum to the narrowbody’s backlog.
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NewsSouthwest nears 737 Max 7 order: report
Boeing is closing in on the sale of 737 Max 7 jets to Southwest Airlines, a deal that, if closed, would prove a massive win by Boeing and reflect Southwest’s continued loyalty to the Chicago airframer, according to a report from Bloomberg.
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NewsLeonardo in talks for aerostructures role on CR929 widebody
Leonardo is lining up a role as an aerostructures supplier for the CR929 widebody programme being developed by Russia and China under the CRAIC joint venture.
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NewsCovid impact forces Leonardo to tear up aerostructures break-even plan
Cratering civil aerospace demand has forced Leonardo to abandon a target to achieve break-even in its aerostructures operation this year.
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NewsLeonardo anticipates slight recovery from ATR in 2021
Turboprop joint venture ATR should hand over at least 20 aircraft this year as regional carriers begin a slow recovery from the Covid-19 crisis.
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In depthWhy Boeing’s future still rests on the 737 Max’s recovery
The Max holds outsize importance for Boeing, both financially and competitively. Which is precisely why the grounding left the US aerospace behemoth in such a competitive pickle, and why the type’s rebound is key to Boeing’s recovery, aerospace analysts say.
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In depthThe Max crisis has already shifted how regulators certificate jets
The Boeing 737 Max crisis has already upended some aspects of aircraft certification, with regulators more closely reviewing certification projects and shying away from rubber stamping decisions made by foreign counterparts.
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In depthHow and why Boeing re-engined the 737 to create the Max
Circumstances preceding Boeing’s 2011 launch of the 737 Max programme share similarities with the situation the company now finds itself in.
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In depthMax crisis and pandemic wipe nearly 1,250 737s from Boeing’s backlog since January 2020
Since the start of 2020, cancellations and accounting adjustments pushed Boeing’s 737 Max backlog down by some 1,250 aircraft, erasing 28% of the 737 orders Boeing held in January 2020.
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NewsATR shipments plunged to just 10 aircraft in 2020
Deliveries of ATR turboprops barely reached double-figures last year as the joint-venture manufacturer saw demand slump due to the pandemic.
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NewsBoeing logs positive order tally for February despite 737 Max and 787 cancellations
Boeing landed orders for 82 new commercial aircraft and was hit by only 51 cancellations in February, marking the first month since November 2019 that the airframer’s net order total has been in positive territory.
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NewsGECAS, AerCap appear headed to merger: reports
Lessors GECAS and AerCap appear to be headed towards a merger, according to reports in major news outlets.
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NewsFuel did not feed PW4000 engine fire following engine failure: NTSB
A Boeing 777-200 engine fire following an engine failure last month was not fed by fuel and burned outside the core of the Pratt & Whitney PW4077 turbofan.
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NewsAmerican Express Ventures invests in Boom Supersonic
The innovation-finance arm of American Express is the latest company to invest in Denver-based supersonic aircraft maker Boom Supersonic.
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NewsBombardier turnaround plan leans on aftermarket expansion and demand for Global jets
Bombardier aims to achieve 20% profit margins by 2025 through a mix of cost cutting, corporate restructuring, improved productivity, aftermarket expansion and increased sales of high-profit business jets.